Description
This is a lightly used, still crispy, "500 Customs Gold Units" note from the "Central Bank of China". These were issued in 1947 just after World War II.
In 1947, China was in the midst of the “Chinese Civil War” between the Nationalists and the Communists. Between 1930 and 1948 China printed "Customs Gold Units" notes to facilitate customs payments. However, after the September 18, 1931 invasion of Manchuria by the Japanese, and the resulting "Second Sino-Japanese War" that lasted until the end of World War II in 1945, some of these notes entered general circulation. The “Customs Gold Units” were pegged to the value of gold, which provided a more stable unit of account for international trade.
One “Customs Gold Unit” was worth $0.40 in 1947. So, 500 “Customs Gold Units” were $200.00. In 1947 this note was worth 5.76 Ounces of Gold. Gold was a bit cheaper then.
“The Central Bank of China” was located in Nanking (now Nanjing), China. After the “Chinese Civil War”, the bank was relocated to Taiwan by the Nationalist government. The bank was renamed to the “Central Bank of the Republic of China” in 1949. In 1961, the bank was replaced by the “Bank of Taiwan” as the central bank of Taiwan
"Standard Catalog of World Paper Money" (General Issues 1368-1960) by Albert Pick. #335.
Face: GH158385 • Blue. • Sun Yat-sen. He was a physician, writer, philosopher and revolutionary. He became the first President and the founding father of the Republic of China. Born November 12, 1866, he became President in 1912, and died on March 12, 1925, from liver cancer.
Back: SHANGHAI 1947 • Blue. • Printed by the American Bank Note Company
The Note: A lightly used, still crispy note, it has been folded and lightly soiled. It has no edge or body tears and no pinholes. The note will be sent in a new currency holder that protects it. As grading is subjective, please see the pictures and judge for yourself.
Remember, FREE SHIPPING!
In 1947, China was in the midst of the “Chinese Civil War” between the Nationalists and the Communists. Between 1930 and 1948 China printed "Customs Gold Units" notes to facilitate customs payments. However, after the September 18, 1931 invasion of Manchuria by the Japanese, and the resulting "Second Sino-Japanese War" that lasted until the end of World War II in 1945, some of these notes entered general circulation. The “Customs Gold Units” were pegged to the value of gold, which provided a more stable unit of account for international trade.
One “Customs Gold Unit” was worth $0.40 in 1947. So, 500 “Customs Gold Units” were $200.00. In 1947 this note was worth 5.76 Ounces of Gold. Gold was a bit cheaper then.
“The Central Bank of China” was located in Nanking (now Nanjing), China. After the “Chinese Civil War”, the bank was relocated to Taiwan by the Nationalist government. The bank was renamed to the “Central Bank of the Republic of China” in 1949. In 1961, the bank was replaced by the “Bank of Taiwan” as the central bank of Taiwan
"Standard Catalog of World Paper Money" (General Issues 1368-1960) by Albert Pick. #335.
Face: GH158385 • Blue. • Sun Yat-sen. He was a physician, writer, philosopher and revolutionary. He became the first President and the founding father of the Republic of China. Born November 12, 1866, he became President in 1912, and died on March 12, 1925, from liver cancer.
Back: SHANGHAI 1947 • Blue. • Printed by the American Bank Note Company
The Note: A lightly used, still crispy note, it has been folded and lightly soiled. It has no edge or body tears and no pinholes. The note will be sent in a new currency holder that protects it. As grading is subjective, please see the pictures and judge for yourself.
Remember, FREE SHIPPING!
Payment
I ship the day after cleared payment. Payment in US funds only please. Returns: Accepted, in original condition, in most cases and encouraged if the item has been misdescribed.
If you need more than one week from the close of the sale to make payment, that is not generally a problem,
PLEASE, JUST LET ME KNOW when you expect to pay. If No payment and No contact is made, eBay will CANCEL THE SALE on the eighth day.
If you need more than one week from the close of the sale to make payment, that is not generally a problem,
PLEASE, JUST LET ME KNOW when you expect to pay. If No payment and No contact is made, eBay will CANCEL THE SALE on the eighth day.
Shipping
Shipping to all locations WORLDWIDE will be
FREE!
All items will be insured, at no extra cost.
International shipments will also be insured at no extra cost to most countries.
I SHIP THE DAY AFTER PAYMENT!
FREE!
All items will be insured, at no extra cost.
International shipments will also be insured at no extra cost to most countries.
I SHIP THE DAY AFTER PAYMENT!
About Us
We are long time collectors who enjoys listing things on eBay. We try to give you the best pictures we can and as much information about the item as we can, so you know what you are buying.
I try to start auctions for as low a starting price as I can, and still break even. There are eBay, PayPal and Postage fees to cover. Minimum bid normally represents at least a decent value.
I believe you have completed your part of the agreement when you pay me, so I LEAVE YOUR FEEDBACK WHEN I SHIP THE ITEM. I appreciate return feedback if you feel I have earned it.
I try to start auctions for as low a starting price as I can, and still break even. There are eBay, PayPal and Postage fees to cover. Minimum bid normally represents at least a decent value.
I believe you have completed your part of the agreement when you pay me, so I LEAVE YOUR FEEDBACK WHEN I SHIP THE ITEM. I appreciate return feedback if you feel I have earned it.
Contact Us
I will try to respond to email questions within one day. Please ask any questions about the item, or other special requests BEFORE you bid.
